Tokha mayor, 9 others, convicted of fraudThe Patan High Court on Sunday convicted Tokha Municipality Mayor Prakash Adhikari and nine other people of fraud.
The Patan High Court on Sunday convicted Tokha Municipality Mayor Prakash Adhikari and nine other people of fraud.
A joint bench of judges Meghnath Bhattarai and Basudev Acharya convicted them, who were promoters and directors of Nanglo Deep Cooperative, for cheating depositors worth Rs18.31 million. Adhikari was vice-chairman of the cooperative.
“The bench observed that each of them should serve one month in jail and those who had filed the case are entitled to receive the fraud amount and a fine equivalent to the amount from the defendants,” Baburam Dahal, registrar at the high court, told the Post.
Other people convicted in the case are Dhanamaya Shrestha, Milan Karki, Sitamaya Thapa, Yanuka Budhathoki, Deepak Wagle, Pratima Sitaula, Jhunu Shah, Deumaya Limbu and Suwas Chandra BC.
Dahal confirmed to the Post that the court passed a judgment on the case of fraud and asked the cooperative to repay the amount to those who filed the case.
After the Kathmandu District Court on March 20, 2017 gave a clean chit to the defendants on March 20, 2017, stating that the case concerned a financial deal, the Patan Office of the Government Attorney filed an appeal at the High Court on June 8 last year.
The case was initially filed at the Kathmandu District Court on March 10, 2015. As per the case, the defendants were charged with not returning the deposits of 202 people.